Economist (Forensic)
An expert who calculates the economic value of damages, including lost wages, lost earning capacity, and medical costs.
In Personal Injury Cases
Forensic economists use financial analysis to project future losses and calculate present values, helping juries understand the full economic impact of injuries.
Related Legal Terms
Expert Witness
A witness with specialized knowledge, training, or experience who provides expert opinions to help the jury understand technical issues.
Future Damages
Compensation for losses that will continue or occur after the trial, such as ongoing medical care or lost earning capacity.
Present Value
The current worth of future payments, discounted to account for interest that could be earned over time.
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